Honasa Consumer registers 119% rise in net profit for Q1 of FY27

Honasa Consumer, the parent company of beauty & personal care brand Mamaearth, reported a 119% rise in net profit for the first quarter of FY27. Its revenue rose by 27% in the same period.

The company reported a net profit of Rs 90.44 crore for the first quarter of FY27 as compared to Rs 41.32 crore in the same period of the last fiscal. The revenue touched Rs 756 crore in the first quarter as against Rs 595 crore a year ago.

On the performance of the company, Honasa Consumer CEO Varun Alagh said, “We entered FY27 with a clear focus on building on the momentum we created in the second half of FY26, and Q1 has reinforced that the strategy is working. We delivered our highest-ever quarterly revenue and profit.”

The CEO highlighted that its growth is coming in from both core and younger brands. “Our focus categories grew 35%+, and we are seeing stronger demand across general trade, modern trade and ecommerce. This is the playbook we set out to build, and it is now translating into performance,” he remarked.

According to the company, its flagship brand, Mamaearth, saw growth in high-teens, while The Derma Co recorded Rs 1,000 crore in net sales value on an annual recurring revenue basis. It noted that younger brands grew more than 40% with continued traction across Gen Z.

Honasa Consumer, which operates an omnichannel model, said its offline scale with general trade and modern trade both grew by over 40%. The outlet coverage crossed more than three lakh FMCG retail outlets.

The company also entered into the fragrance category with FIKN, an elixir brand, tapping into a large and underpenetrated category.

“The focus is to build a future-ready House of Brands by staying close to the core, sharpening our category playbooks, and staying disciplined on capital allocation and talent density. At the heart of it, we want to keep building brands that solve real consumer needs and earn lasting consumer trust,” the CEO said.